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Nigerian Trader Returns $14K in Solana, Reinstating Trust in Crypto Community

A Nigerian cryptocurrency trader, Femi Akinola, has restored confidence in the crypto community by returning 90 Solana tokens worth $14,000 a foreign trader mistakenly sent him.

Femi Akinola's $14K Solana Return Sparks Praise, Strengthens Trust in Nigerian Crypto Community

The act of kindness has gained widespread attention on social media, thereby reestablishing Nigerians' confidence in the crypto community.

Femi Akinola, a Nigerian cryptocurrency trader, returned 90 Solana tokens valued at $14,000 that a foreign trader inadvertently sent to him. His sincere act was met with widespread acclaim and resulted in donations totaling more than 35 SOLs from crypto community members.

Akinola disclosed in an interview with Cointelegraph that a crypto trader identified as @raffayalvi "RAF" on the X social platform had intended to send him $100 in Solana tokens as part of a giveaway. However, the trader inadvertently transmitted 100 SOL, equivalent to approximately $20 million in Nigeria's fiat currency.

RAF contacted the recipient, Femi, and requested the return of 90 SOL. He also permitted him to retain 10 SOL as a gesture of goodwill. As per RAF's post on X, he was taken aback when Femi promptly returned the 90 SOL and honored the request.

Akinola acknowledged that he was confronted with a difficult decision when he discovered that a substantial quantity of SOL tokens had been inadvertently transferred to his account. However, he concluded that sending them back was the appropriate course of action. He clarified that his Christian faith drove his decision.

In discussing the potential impact of this experience on the perceptions of transactions and interactions within the crypto community, Akinola conveyed his conviction that his actions serve as evidence that there is still hope within the community.

“I used to hear about similar incidents where people had to make ethical decisions and would think it was superhuman. But at that moment, all I could think of was my integrity and doing the right thing.”

Femi Akinola Plans Crypto Seminars to Boost Trust, Warns Against Pump-and-Dump Schemes

Akinola believes that his actions may benefit Nigerian traders' perceptions within the global crypto community. In light of his recent success, he announced his intention to organize complimentary seminars to enlighten individuals on cryptocurrency and motivate them to participate.

Akinola underscored the importance of refraining from using pump-and-dump schemes, as these practices exacerbate the industry's lack of trust in events affecting the crypto community.

The Afro-pop star Davido, who launched the meme token DAVIDO in May, had previously sparked concerns among Nigeria's crypto community regarding a suspected pump-and-dump scheme.

According to the community, this is the second time in the past three years that Davido has allegedly distributed digital coins to his admirers. As a result, his followers are left to bear the loss.

Before selling over $300,000 worth of RapDoge to his followers in 2021, Davido promoted the cryptocurrency.

Photo: Microsoft Bing

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